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Form of society where a tiny minority own the means of production, the vast majority have to work for wages in order to survive, and production takes place to make a profit.
paulbenn
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∙ 13y agoFree Market economy
paulbenn
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Another term for a capitalist system is a?
Another term for a capitalist system is a Laissez-faire system.
What another name for economic system?
Capitalist Mixed Economy
What is another name for a capitalist economy?
Another name of capitalism is "communist"
What is a natural regulatory occurrence in a Capitalist system?
natural regulator occurrence in capitalist system
What is another name for capitalist system?
The terms FREE MARKET ECONOMICS and capitalism are used relatively interchangeably because both refer to a system where business owners make local decisions to produce, sell, and buy various products based on market demand, rather than government demands.
Another term for a capitalist system is a?
Another term for a capitalist system is a Laissez-faire system.
What another name for economic system?
Capitalist Mixed Economy
What is another name for a capitalist economy?
Another name of capitalism is "communist"
What is a natural regulatory occurrence in a Capitalist system?
natural regulator occurrence in capitalist system
In a capitalist economic system who owns and controls the means of production?
If you're thinking in the Marx context, the term is bourgeoisie.
What is another name for capitalist system?
The terms FREE MARKET ECONOMICS and capitalism are used relatively interchangeably because both refer to a system where business owners make local decisions to produce, sell, and buy various products based on market demand, rather than government demands.
Is Venezuela capitalist or socialist?
It’s capitalist: wages system, class ownership, production for profit. And capitalist countries have capitalist governments.
What kind of the system is the united state?
The US is capitalist: wages system, production for sale, class ownership of the means of production.
Is US a capitalist economy or mixed economy?
Capitalist: wages system,production for profit, class ownership.
WHAT IS another term for solar system?
Sol system.
What is another term for free enterprise system?
Capitalism. However this is inaccurate, as monopolies are as capitalist as you can get and yet are antithetical to the idea of free enterprise.
Which of these is another term for a free enterprise system?
Market system
